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- IAS 39 – Financial Instruments: Recognition and Measurement 0%
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Question 1 of 4
Hedge effectiveness is the degree to which changes in the fair value or cash flows of the hedged item that are attributable to a hedged risk are offset by changes in the fair value or cash flows of the hedging instrument.CorrectIncorrect
Question 2 of 4
Which of the following is not a type of hedging relationships?CorrectIncorrect
Question 3 of 4
Under which of the following conditions shall an entity discontinue prospectively the hedge accounting?CorrectIncorrect
Question 4 of 4
A financial asset measured at amortised cost may be designated as a hedging instrument in a hedge of foreign currency risk.CorrectIncorrect